NuWays keeps Borussia Dortmund at Buy, sets EUR 5 price target

• NuWays reiterated a BUY rating on BV Borussia Dortmund GmbH & Co. KGaA with an unchanged 12-month target price of EUR 5.
• FY25/26 preliminary sales fell 12.5% to EUR 460 million, driven by a 25.9% drop in TV marketing revenue to EUR 168 million.
• EBITDA declined 20.4% to EUR 92.2 million, partly offset by lower personnel costs tied to weaker performance-linked pay.
• Net transfer result rose 56.7% to EUR 59.3 million; gross transfer proceeds increased to EUR 76.8 million, led by Jamie Gittens’ sale.
• FY26/27 guidance targets sales of EUR 485-495 million, EBITDA of EUR 118-128 million, net income of EUR 0-10 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BV Borussia Dortmund GmbH & Co. KGaA published the original content used to generate this news brief via EQS News (Ref. ID: rc_26632) on August 25, 2026, and is solely responsible for the information contained therein.